Oversight of Delegates Officer

Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in 50 countries in the world the Generali Group is one of the most significant players in the global insurance and the asset management industry. Asset management is mainly performed through Generali Investments : an ecosystem of asset management firms (“Generali Group Affiliates”), delivering a portfolio of specialist capabilities. Generali supports each firm to innovate and grow with full investment autonomy ensuring they are set up to develop sustainable and innovative solutions. With the stability of Generali Group backing, the platform enables investors to access distinctive strategies and experts' insights.

Generali Investments Luxembourg S.A. (GIL) manages traditional and alternative investments (i.e. through UCITS and AIF investment vehicles) on an international scale with the experience and professionalism of the Generali Investments Affiliates, in addition to the world-class investment firms available through its funds’ offerings.

To strengthen our oversight framework, Generali Investments Luxembourg S.A. is hiring an Oversight of Delegates Officer.

As a member of GIL, you will take on a diverse range of responsibilities, overseeing / monitoring amongst others the company’s Delegates, such as Investment Managers, Distributors, Central Administrators, and Third-Party providers in adherence to Luxembourg regulation.

You will be part of the Oversight of Delegates Team currently composed of three experienced business members and placed under the responsibility of the CEO and Conducting Officer of the Company in charge of the function.

Main Responsibilities

• Application of the initial and periodic control framework defined for Delegates and Third-Party providers through the coordination of appropriate Due Diligences in line with CSSF circulars 18 / 698, 22 / 806 and DORA, EMIR Refit regulation.
• Coordination of a comprehensive ongoing monitoring framework on Delegates and Third-Party providers through the implementation and analysis of periodic KPIs.
• Organization of onsite and virtual due diligence and drafting of comprehensive minutes and assessment reports.
• Collaboration with internal subject experts for Due Diligence, Service and KPIs reviews.
• Implementation and regular maintenance of Service Level Agreements / Operating Memoranda with Delegates and Third-Party providers.
• Coordination / organization of regular Service Reviews Meetings with the Delegates / Third-Party providers to discuss service quality and performance issues and follow-up actions.
• Participation in ad-hoc company projects from an oversight and regulatory perspective.
• Ensuring close cooperation with internal stakeholders such as Compliance, Legal, Fund Administration and Risk Management to support the effective execution of oversight activities.
• Managing the day-to-day operational aspects of activities with consistency, accountability and proactive approach.
• Maintenance of activity logs and the Register of Information (DORA template).
• Ensuring oversight and compliance with EMIR Refit requirements, including the monitoring of delegated reporting obligations and the implementation of data quality controls.

The completion of the above tasks requires a strong cooperation with other Generali’s departments and entities as well as other financial institutions and clients.

Must Have

Soft Skills

Applications to be sent to GIL_careers@generali-invest.lu

As part of GIL pre-hire background screening process, we apply a risk-based approach to determine the requirement of carrying out such checks on candidates, including criminal record checks. This role is judged to be sufficiently sensitive to warrant carrying out a criminal record check. By applying for this job, you are consenting to GIL completing background checks including criminal record checks.

Generali is proud to be an inclusive employer that considers applicants regardless of gender, gender identity, sexual orientation, ethnicity, disability, religion, political views, marital status or philosophy of life. If you have a disability or special need that requires accommodation or assistance, we will support you during the selection process